Ningbo PIA Automation (SH:688306)2025-01-24 12:25Financial Performance Forecast - The company expects a net profit attributable to shareholders of the parent company for 2024 to be between 8 million and 12 million CNY, a significant increase of 214.11 million to 218.11 million CNY compared to the previous year's loss of 20.61 million CNY[3] - The projected net profit attributable to shareholders after deducting non-recurring gains and losses for 2024 is estimated to be between -18.15 million and -14.15 million CNY, a reduction in loss of 202.60 million to 206.60 million CNY compared to the previous year[4] Revenue and Margin Improvement - The company achieved a historical high in revenue for 2024 due to successful completion of strategic projects and improved project management, leading to significant revenue growth[6] - The gross margin improved by approximately 2 percentage points compared to 2023, attributed to enhanced production efficiency and cost reduction measures[6] Cost Management and Financial Expenses - Financial expenses for 2024 are expected to decrease by about 30 million CNY compared to 2023, primarily due to improved cash collection management and the absence of one-time financing costs[7] - The company optimized its global business layout and product structure, focusing on high-value-added products, which contributed to a significant reduction in loss from unprofitable projects in 2024[6] Shareholder Value and Risk Advisory - The company aims to maximize shareholder value by continuously implementing improvement measures to enhance profitability[8] - Investors are advised to pay attention to investment risks as the forecast data is subject to change pending the official audited annual report for 2024[10] Audit and Information Accuracy - The performance forecast is based on preliminary calculations by the finance department and has not yet been audited by certified public accountants[9] - The company’s board guarantees the accuracy and completeness of the disclosed information, with no significant uncertainties affecting the forecast[1]